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Kazaks Charge Trans-World
With Tax, Currency Offenses

By

Steve Liesman Staff Reporter of The Wall Street Journal

Updated Jan. 21, 1998 12:01 a.m. ET

MOSCOW -- The Central Asian republic of Kazakstan alleged that Trans-World Group, a leading international metals producer based in Britain, had committed tax and currency offenses, and said it had ousted management appointed by the company at metals plants in the former Soviet republic.

Kazak director of State Property and Privatization, Maksutbek Rakhanov, issued a statement saying the company management had been removed because of accusations that Trans-World had engaged in "illegal evasion and nonpayment of...